Federal Realty director Nicole Lamb-Hale sells $163,341 in FRT shares
Federal Realty Investment Trust (FRT) director Nicole Lamb-Hale sold 1,500 shares of the company's common stock on September 30, 2026. The transactions occurred at prices between $108.85 and $108.96 per share, amounting to a total of $163,341. Federal Realty, with a market capitalization of $9.29 billion, trades at $106.32, near its InvestingPro Fair Value.
The REIT boasts a 54-year streak of consecutive dividend payments, currently yielding 4.36%. The company's valuation metrics include a P/E ratio of 21.4 and a PEG ratio of 0.86. Following the sale, Lamb-Hale directly holds 4,613 shares in the firm. The Form 4 filing, documenting these beneficial ownership changes, was signed by Dawn M. Becker, acting under power of attorney, on October 1, 2026.
Additionally, Federal Realty reported better-than-expected Q2 2026 earnings, with adjusted earnings per share of $0.97, higher than the analyst estimate of $0.72. Revenue also exceeded expectations at $335.71 million. The company announced the acquisition of The Summit in Birmingham, Alabama, for $508 million, an 870,000-square-foot retail asset on 100 acres.
Analysts Stifel and Piper Sandler maintained their Hold and Overweight ratings, respectively, for Federal Realty, with price targets of $122.00 and $149.00, citing strong leasing, occupancy, and rent growth as positives.
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